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Search Results 64 to 69 of about 122
a fight around the debt ceiling? do you think we'll have a disruption around this inability to compromise? >> i know nothing more than you other than what i read in the paper today and it seems like they are already starting to. could mice by pushing it out and asking for a budget which i think all seems rational and compromise by the way so i applaud them. >> what does your gut tell you about all the money moving into stocks recently? had a fantastic early 2013. do you think this is sustainable? >> the economy grows it's sustainable, and i still think you can buy american companies at pretty good prices. these are some of the world class companies, you know, not just american companies, european and japanese and chinese companies, but you are still buying at fairly good prices and the alternatives aren't that good, yeah, i'm comfortable owning stocks right now. >> are you saying that kind of comfort on the part of investors, the private bank, wealth management? what are you seeing in terms of the sentiment? >> i think, yes, but not -- it's not -- you and i have seen real bull markets, no
to decide that they were not going to fight over the debt ceiling over the next three months, get na out of the way for 90 days and then focus on the continuing resolution, on the sequester. because they fit exactly what the president said. this is real spending. i mean, under our constitution, nothing can be spent that the house does not pass. and so, the house republicans really have an opportunity to set a whole new standard not trying to figure out what kind of deal obama wants, but deciding what in good conscience they're willing to past. >> mike: in your experience as speaker of the mouse and somebody who as really engineered the republican takeover of the house back in the 1994 elections, speak to what you advise republicans to do in dealing with the president? because he's going to come out saying it's all the republicans fault they won't work with me. >> first of all shall every republican should take the two quotes you've given them tonight. post them on their website, every single house and senate republican and say i am very impressed with this earlier vision of barack obama.
the politicians fighting over the debt ceiling looks suspiciously like some of the people he bets against at the poker table. professional poker player matt is here and let's get right to it. one player everyone knows, who do you think the worst bluffer in the whole debt ceiling game? >> well the worst bluffer is where the republicans who are actually threatening not to raise the debt ceiling. in poker the only way a bluff can work, the only way it is credible if the other player actually believes you have a strong hand. but in the case of the republicans here we all know what would happen if they didn't raise the debt ceiling. it would be a total catastrophe. that bluff didn't make any sense at all. at least to their credit they're altering the ultimate solution. melissa: i couldn't disagree with you more. they could shut down the government. it has been done before. >> it is more than shuttings down the government if they don't raise the debt ceiling there are so many people expecting payments veterans, soldiers, the --. melissa: but they get to decide who they pay and they don't. they
and i'm not raising the debt ceiling until you cut it. these are fights on both sides where the participants were sent here to do totally separate things. shepard: welcome to washington. the president spoke a lot we the people today. very few uses of word i. a lot of uses of collective we. we are on the national maul, as is our main man on campaigns, carl cameron. happy inauguration day. what happened with the folks? >> thanks very much. they're beginning to depart obviously, generally without incident. a great crowd, yet to have estimates. probably somewhere between 5 and 700,000. much smaller than four years ago. second innagurals tend to be less than enthusiastic. there was no shortage of aspirational rhetoric from the president and the poet that spoke. clearly the crowd loved it. there are big obama fans here. it was not meant to be a partisan event and part of the peaceful transition to power as outlined a few centuries ago. yet what the president said has republican and conservative lips wagging this morning, tongues wagging worried what it is that could be the impact
hours. this is the week we thought the big fight over raising the debt ceiling was going to get under way. that's something senate democrats haven't managed to do since 2009. no budget, no pay. that is the message from the house republican leader. >> americans believe if you don't do your job, you shouldn't get paid. that's the basis for no budget, no pay. >> reporter: the bill they will be voting on today calls for a temporary suspension of the debt ceiling until mid-may, but it requires the house and senate to craft budgets by april while members' salaries will be held in escrow. paul ryan explains the strategy. >> in the house, democrats and republicans have been leading by offering budgets and offering alternatives. the senate hasn't even done that. all we're saying is let's get the senate in here to do that to see how we're going to figure out the problem not just try it. >> reporter: still it's a big change for republicans. they said they would demand 1 dollar in spending cuts. they changed course at the end of a retreat last week where there were repeated
. >> there's never been a catch on the debt ceiling. congress ran the bills up, congress has to pay th bills. that's been done with presidents of both parties. >> reporter: lawmakers argue that the temporary debt limit suspension only sets the stage for another spending fight this spring. randall pinkston, cbs news, capitol hill. >> and taking a live look at wall street, stocks are up. the dow is up about 78 points. strong earnings reports from google and ibm pushed stocks higher this morning. this afternoon, things are still going strong. >>> the big easy is getting ready for the world stage having the 9ers and ravens playing in the super bowl is great for fans and for the new orleans economy. two weeks out jackson square is almost transformed. small businesses especially local breweries are getting ready for the influx of fans and media. the game is expected to bring some $434 million to big easy businesses. >>> the bowl means big best for farmers, too. the national chicken council estimates americans will consume 1.2 billion chicken wings during
Search Results 64 to 69 of about 122

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